Replying to Avatar IntuitiveGuy☯️

BREAKING:.. US GDP

Bad news is good news or..?
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Dr. Hax 11mo ago

Depends on who you ask:

- CNN: "another robust year"

- AP: "solid"

- CBS: "healthy"

- NBC: "less than expected"

- Bloomberg: "solid"

https://edition.cnn.com/2025/01/30/economy/us-economy-gdp-q4/index.html

https://apnews.com/article/economic-growth-economy-powell-trump-0d5ada55414b7178b399bc781ab54a01

https://www.cbsnews.com/news/us-economy-gdp-healthy-last-quarter-2024/

https://www.nbcnews.com/business/economy/gdp-grew-23-fourth-quarter-less-expected-rcna190015

https://www.bloomberg.com/news/articles/2025-01-30/us-economy-expands-at-2-3-rate-to-end-2024-on-solid-note

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Dr. Hax 11mo ago

I'm not convinced things can eternally grow at an exponential rate. If that correct, at some point the music will stop and people will be scrambling for chairs.

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IntuitiveGuy☯️ 11mo ago

I agree with you, we know it's a "grow" counted in nominal terms.

I am coming to the conclusion Jeff Booth is completely right, teal growth is deflationary, and value of everything is determinated by it's energy cost of production.